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Restructuring Charges, Net | 9 Months Ended
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Jan. 31, 2015
Restructuring Charges, Net | 7. Restructuring Charges, Net The Company took actions to rationalize its cost structure as a result of efficiencies obtained from prior year technology investments that enabled further integration of the legacy business and the recent acquisitions, as well as other cost saving initiatives. This resulted in restructuring charges, net of $9.5 million against operations in the nine months ended January 31, 2015, of which $9.2 million relates to severance and $0.3 million, relates to consolidation/abandonment of premises. During the three months ended January 31, 2015, the Company recorded a reduction in restructuring charges of $0.4 million due to a change in estimate, of which $0.3 million relates to severance and $0.1 million relates to consolidation/abandonment of premises. Changes in the restructuring liability during the three months ended January 31, 2015 are as follows:
|  | Severance |  |  | Facilities |  |  | Total |
|  | (in thousands) |
Liability as of October 31, 2014 |  | $ | 2,445 |  |  | $ | 1,740 |  |  | $ | 4,185 |
Recoveries |  |  | (347 | ) |  |  | (71 | ) |  |  | (418 | )
Reductions for cash payments |  |  | (1,288 | ) |  |  | (465 | ) |  |  | (1,753 | )
Exchange rate fluctuations |  |  | (170 | ) |  |  | (73 | ) |  |  | (243 | )
Liability as of January 31, 2015 |  | $ | 640 |  |  | $ | 1,131 |  |  | $ | 1,771 |
Changes in the restructuring liability during the nine months ended January 31, 2015 are as follows:
|  | Severance |  |  | Facilities |  |  | Total |
|  | (in thousands) |
Liability as of April 30, 2014 |  | $ | — |  |  | $ | 2,813 |  |  | $ | 2,813 |
Restructuring charges, net |  |  | 9,224 |  |  |  | 244 |  |  |  | 9,468 |
Reductions for cash payments |  |  | (8,123 | ) |  |  | (1,809 | ) |  |  | (9,932 | )
Exchange rate fluctuations |  |  | (461 | ) |  |  | (117 | ) |  |  | (578 | )
Liability as of January 31, 2015 |  | $ | 640 |  |  | $ | 1,131 |  |  | $ | 1,771 |
As of January 31, 2015 and April 30, 2014, the restructuring liability is included in the current portion of other accrued liabilities on the consolidated balance sheets, except for $0.4 million and $0.7 million, respectively, of facilities costs which primarily relate to commitments under operating leases, net of sublease income, which are included in other long-term liabilities and will be paid over the next three years. The restructuring liability by segment is summarized below:
|  | January 31, 2015 |
|  | Severance |  |  | Facilities |  |  | Total |
|  | (in thousands) |
Executive Recruitment |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 182 |  |  | $ | — |  |  | $ | 182 |
Europe, Middle East and Africa (“EMEA”) |  |  | 335 |  |  |  | 327 |  |  |  | 662 |
Total Executive Recruitment |  |  | 517 |  |  |  | 327 |  |  |  | 844 |
LTC |  |  | 67 |  |  |  | 540 |  |  |  | 607 |
Futurestep |  |  | 52 |  |  |  | 264 |  |  |  | 316 |
Corporate |  |  | 4 |  |  |  | — |  |  |  | 4 |
Liability as of January 31, 2015 |  | $ | 640 |  |  | $ | 1,131 |  |  | $ | 1,771 |
|  | April 30, 2014 |
|  | Severance |  |  | Facilities |  |  | Total |
|  | (in thousands) |
Executive Recruitment |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | — |  |  | $ | 193 |  |  | $ | 193 |
EMEA |  |  | — |  |  |  | 379 |  |  |  | 379 |
Total Executive Recruitment |  |  | — |  |  |  | 572 |  |  |  | 572 |
LTC |  |  | — |  |  |  | 1,587 |  |  |  | 1,587 |
Futurestep |  |  | — |  |  |  | 654 |  |  |  | 654 |
Liability as of April 30, 2014 |  | $ | — |  |  | $ | 2,813 |  |  | $ | 2,813 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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